Despite COVID-19, foreign investors’ new capital registered in Vietnam reached 22.15 billion USD in the first nine months, up 4.4 percent compared to the same period last year, as heard at the Government Portal’s online conference held on September 27 with the participation of a number of localities housing foreign direct investment (FDI) projects.
Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD in the first quarter of 2020, up nearly 45 percent from the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Prime Minister Nguyen Xuan Phuc on October 2 called for greater efforts in the last three months of 2019 to complete the yearly targets, thus creating the premise for 2020 when Party congresses at all levels will be organised, towards the 13th National Party Congress.
Vietnam attracted a total of 30.8 billion USD worth of registered foreign direct investment (FDI) as of November 20, a slight decrease of 6.8 percent year-on-year.
For the year to October 20, total registered of new foreign-invested projects in Vietnam dropped 1.3 percent year-on-year to 12.26 billion USD despite a 24.4 percent increase in the number of projects
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